Detroit Bondholders, Pensioners Get Less Under New Plan

Current and Retired Police and Firefighters Would Get 6% Cut Under New Plan

DETROIT—The bankrupt city of Detroit said it would pay some of its bondholders and pensioners less than originally offered, according to a revised version of the city's debt-cutting plan filed in federal court late Monday.

According to city officials, if current and retired police and firefighters vote to approve the new plan, they would see a 6% reduction in their pension benefits and the elimination of cost of living adjustments. If...